Serbus Joins Aliter's Expanding ICT Portfolio
Deal News | Nov 26, 2024 | Aliter Capital
Aliter Capital, a UK-based private equity firm, has announced the acquisition of Serbus Limited, a provider of secure mobile communications. The deal is part of Aliter's strategy to enhance its capabilities and expand its portfolio in the Critical National Infrastructure (CNI) sector. This acquisition will integrate Serbus into a group that includes ITM Communications and Bates IT, broadening their reach in providing critical ICT services to sectors such as defense, healthcare, and government. Serbus, known for its high-level security services to government and military sectors, will support the group's aim to inaugurate a dedicated defense practice. Founders Sebastian Wiles and Russell Ticehurst, both with a UK Special Forces background, will remain with the company, focusing on growth through an organic and buy-and-build strategy.
Sectors
- Private Equity
- Information and Communications Technology (ICT)
- Defense and Security
Geography
- United Kingdom – The acquisition involves UK-based companies and aims to enhance services in the UK's Critical National Infrastructure.
Industry
- Private Equity – Aliter Capital, a private equity firm, is the main entity involved in the acquisition.
- Information and Communications Technology (ICT) – The acquisition involves ICT services providers, aiming to enhance capabilities in critical national infrastructure.
- Defense and Security – Serbus provides secure communications services to government and military environments, a key aspect in the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aliter Capital | Private Equity Firm | Company | A UK-based private equity firm backing the acquisition to enhance its ICT and defense sector offerings. |
| Serbus Limited | Target Company | Company | A UK-based provider of secure mobile communications services, primarily to government and military sectors. |
| ITM Communications | Portfolio Company | Company | A UK provider of critical network and ICT infrastructure services, part of Aliter's portfolio. |
| Bates IT | Portfolio Company | Company | Specializes in healthcare ICT and part of Aliter's portfolio. |
| Ministry of Defence | Client | Government | UK Government department that Serbus collaborates with for secure communications. |
| Simon Fieldhouse | Group CEO | Person | CEO of the group at Aliter overseeing the acquisition and strategic growth. |
| Sebastian Wiles | Founder/Director | Person | Co-founder and director of Serbus with a UK Special Forces background. |
| Russell Ticehurst | Founder/Director | Person | Co-founder and director of Serbus with a UK Special Forces background. |